Beats load balancer feature vs F5 Load balancer

Beats (Filebeat and Heartbeat) provide a way to do load balancing when they send data to output (to Logstash or Elasticsearch), the configuration include the following points:

hosts: ["localhost:5044", "localhost:5045"]
loadbalance: true

Usually, all load balancing job in enterprise environment is done by tools like F5, in case we have a load balancer.

The question is, Which one is better to be used, the built-in capability with beat or the dedicated tool like F5?

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